IAN FERGUSON: Accommodating our female 'go-getters'
Women have been fully engaged in the Bahamian workforce for more than three generations now. In many cases, women have taken the lead in sectors historically known to be dominated by men. They have become trend setters and go-getters, establishing ne
Investors 'pitch' to potential funders
The Business and Marketing Community Institute (BCMI) held two “pitch days” to allow budding entrepreneurs to seek funding from its Board.The event, called “Your Investors Link”, was held on Friday, March 16, at the Bahamas Chamber of Commerce, and o
Tourism's output to grow 3.4% in 2018
THE tourism industry’s contribution to Bahamian GDP is forecast to grow by 3.4 per cent to $1.784 billion in 2018, as the sector shrugs off the impact of recent hurricanes.Tourism’s benefits were discussed at last week’s 63rd regional meeting of the
'Not a single bribe demand is probed'
Corruption is “rooted in the fabric of Bahamian society”, a survey unveiled yesterday revealing that zero action was taken over the 6 per cent of bribery demands reported to authorities.Transparency International’s Global Corruption Barometer survey
DPM pledges 'most stringent controls' on ownership registry
THE Deputy Prime Minister yesterday promised that the proposed Beneficial Ownership registry will have “the most stringent controls”, amid industry concerns over the lack of prior consultation. K P Turnquest told Tribune Business that it was “not an
'Riddled with danger': How insurance VAT hits storm victims
THE continued imposition of VAT on general insurance premiums is “riddled with danger” for that industry, the Government and wider private sector, a respected accountant warned yesterday.Kevin Seymour, also a former Grand Bahama Chamber of Commerce p
Corporate tax removal paves way for 10-year financial sector 'molding'
THE Bahamas can “mould the financial services industry it wants for the next 10 years” after dumping corporate taxation from a key Bill, a former Cabinet Minister said yesterday.Ryan Pinder, ex-minister of financial services, told Tribune Business th
Fraud, evasion fears block tax breaks on Over-the-Hill goods
Fears of “duty arbitrage” and tax evasion mean that businesses in the proposed Over-the-Hill ‘tax free zones’ will not receive breaks on the goods they sell, the Government revealed yesterday.The Minnis administration, unveiling its long-awaited prop
New water plant in 300% quality rise
A WATER plant that will supply western New Providence communities has seen a 300 per cent quality improvement since it began service in 2017.New Providence Water Development Company’s (NPWDCo) new reverse osmosis plant, now-completed following a two-
Tourism eyes team-up with Black Enterprise
THE head of African American media group, Black Enterprise (BE), has pledged to send potential group business worth millions of dollars to the Bahamas.Earl ‘Butch’ Graves Jr, president and chief executive, led a delegation to the Bahamas that pledged
THE ART OF GRAPHIX: Showing your best face via the Internet
IS there any real value to owning a business website? It is sometimes perceived that small businesses will not benefit because of their size, and inability to produce a well thought-out site. This thought might just be a misconception and, since we a
Flats fishing confusion 'destroying our industry'
The Government was yesterday urged to end “the confusion destroying our flats fishing industry” by publicly clarifying whether it has suspended the sector’s governing regulations.Cindy Pinder, vice-president of the Abaco Fly Fishing Guide Association
'Slap in the face' to let WTO drive our key reforms
A leading retailer yesterday said it will be “a slap in the face” to Bahamian businesses if this nation now modernises its economy for the benefit of foreign rivals and the WTO.Gavin Watchorn, chief executive of BISX-listed AML Foods, told Tribune Bu
Fronting will ‘grow more’ without WTO
THE Bahamas’ chief WTO negotiator yesterday said ‘fronting’ will “become far worse”, with local businesses overrun by foreign rivals, if this nation stays outside the rules-based trade regime.
Corporate tax among WTO reform options
CORPORATE taxation is among the options being assessed for WTO revenue replacement, the Deputy Prime Minister has confirmed, adding: “It’s a brave new world.”K P Turnquest told Tribune Business it was a case of “the sooner the better” when it came to
